This page reflects CRVS options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.
Published Snapshot
Oct 2, 2026 close
Max Pain — CRVS
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-10-16 shows max pain at $12.00 (1.10 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$12.00
Nearest expiry
Expected Move
±$1.98
±18.1%
Days to Expiry
14
Calendar days
Total Call OI
7,702
Nearest expiry
Total Put OI
3,508
Nearest expiry
P/C OI Ratio
0.46
Put-heavy
Spot Price
$10.90
Published close
Consensus
-
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-10-16
Expiration
Max Pain Strike
Last Updated
2026-08-21
$14.00
8/21/2026, 11:08:50 PM
2026-09-18
$14.00
9/18/2026, 11:11:26 PM
2026-10-16NextUpdated
$12.00
10/2/2026, 11:09:25 PM
2026-11-20
$14.00
10/2/2026, 11:09:25 PM
2026-12-18
$13.00
10/2/2026, 11:09:25 PM
2027-01-15
$12.00
10/2/2026, 11:09:25 PM
2027-04-16
$10.00
10/2/2026, 11:09:25 PM
Selected expiration: 2026-10-16 at max pain $12.00.
CRVS pain by strike for 2026-10-16 expiration
Strike
Call Pain
Put Pain
Total Pain
5
0
2591300
2591300
7
0
1890300
1890300
8
0
1539800
1539800
9
3100
1194300
1197400
10
6500
848800
855300
11
11200
506200
517400
12
33600
171900
205500
13
232700
99000
331700
14
494500
70100
564600
15
775100
45400
820500
16
1119900
22400
1142300
17
1643600
12000
1655600
18
2181800
4600
2186400
19
2727000
2300
2729300
20
3277100
1000
3278100
21
4022400
700
4023100
22
4774200
500
4774700
23
5538600
300
5538900
24
6303900
100
6304000
25
7069600
0
7069600
How to Read Max Pain
Compare pin-risk and strike-pressure across expirations from the latest published close.
What max pain measures
Max pain is the strike where option holders would collectively lose the most at expiration, based on open interest across the listed chain.
How traders use it
It is most useful as a possible pinning zone, especially when spot is already trading near a crowded strike into expiration.
What can break it
Strong directional flows, news, or fast spot moves can overwhelm any pinning tendency, so max pain should support a thesis rather than drive it alone.
The closer you are to expiration, the more useful this becomes as context and the less useful it is as a standalone prediction.